Posted Jan 26, 2004, 4:48 AM
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Proud upstanding member
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Join Date: Mar 2002
Posts: 1,501
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Something that I've been wondering. Lets say you are the owner of a current property in the rincon hill rezoning area - and your property is zoned for 350'
With the height limit your property is worth X$
Then the planning commission rezones your property for say 100'
The value of your property would tank. Is there any consideration or even compensation for this?
Just wondering how this all works.
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